UsagesUse Case n. 711
TaglineBillGuard is a personal finance security company harnessing the collective knowledge of millions of consumers to protect Americans from fraud and grey charges.
CityNew York
StateNew York
Mapping LocationNew York, New York, United States
Zip Code11036
CEOYaron Samid
Year Founded2010
Full Time Employees23
Comapny TypePrivate
Market CategoriesFinance & Investment
Revenue SourceUser Fees For Web Or Mobile Access
DescriptionBillGuard's mission is to use data to save people money. American consumers lose over $14 billion a year to legal grey charges which result from misleading sales and billing practices. We developed advanced crowd-sourcing technology to collect and analyze billing dispute data from millions of consumers in order to extract patterns of fraud and "Grey Charges". We use these analytics to monitor our user's credit and debit card statements, alerting them to similar charges on their cards and helping them get their money back.
Financial InformationWe have raised $13M to date from Google chairman Eric Schmidt, PayPal founder Peter Thiel, legendary VC Vinod Khosla, Bessemer Venture Partners, IA Venture Partners and others. We are still a pre-revenue startup. We plan to generate revenue by certifying trusted merchants with our crowd-powered data.